Property profile

223 Ave U U Brooklyn, NY 11223

OFF-MARKET
Retail residential properties
Property ID
US63-5754929
2,428 SF 0.04 ac lot Built 1931
Entity Owned 1-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail residential properties
Use group STORES & APARTMENTS
Year built 1931
Total area 2,428 SF
Lot 0.04 ac (1,800 SF)
Zoning code R5B
APN 07101-0043
UPID US63-5754929

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

223 Ave U U Brooklyn, NY 11223-3826
Brooklyn metro Census 40000 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.22M
CAP Approach CAP
$1.36M
Comparable Approach Comparable
$1.53M
Blend (final) Blend
$1.19M

Owner & transaction history

since 2025
Last sale
$1.2M
3 recorded transactions
2025
$1.4M
2022
$1.2M
2008
$700,000

Zoning & alternative use

R5B · Brooklyn, NY
Top alternative use upside
Auto repair, garage $1.9M +60.1%
Retail stores $1.9M +55.2%
Office building $1.3M +10.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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